JTC in Guernsey has supported Round Hill Music Royalty Fund in its latest and record-breaking fundraise.
After raising $282m from an initial public offering in November, Round Hill has raised an additional $46m, bringing the total in 2020 to $328m. This makes Round Hill the largest new IPO by an investment trust this year.
The additional funds will allow Round Hill to continue to grow its library of songs and artists. The firm is dedicated to investments in revenue-generating music copyright assets.
James Tracey (pictured), Managing Director – JTC Guernsey, said: “We are delighted to support Round Hill in their latest fundraise. Our work with Round Hill demonstrates our expertise in administration and governance services, our CREST registrar capabilities and our ability to support London Stock Exchange listed clients.”